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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Outsourced Orthopedic Manufacturing Market
Request Now !Medical device manufacturers outsource their manufacturing, product designing, prototyping, and supply chain management process to third parties. This process reduces the labor cost and production time-scale of original equipment manufacturers (OEMs).
The global outsourced orthopedic manufacturing market is driven by factors such as rise in the prices of orthopedic devices, rise in the demand for orthopedic implants, and decrease in labor cost & production time-scale. However, threat of loss of confidential information restrains the market growth. Continuous upgradation of manufacturing technology and increase in orthopedic cases are expected to provide further opportunities for the market growth.
The global outsourced orthopedic manufacturing market is segmented on the basis of product, service, and region. Based on product, it is classified into raw materials, electronics, and finished goods. Based on service provided, it is classified into prototype development, finished device manufacturing, assembly & packaging, and testing & regulatory support services. By region, the market has been analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players listed in the report include Lake Region Medical, Integer Holdings Corporation, Tecomet, Inc., Flextronics International Ltd., Jabil Circuit Inc., Celestica, Inc., Plexus Corp., Sanmina Corporation, Nortech Systems, Inc., and Heraeus Holding.
Key Benefits
Key Market Segments & Key Market Players
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